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Investment Babylon calls to address the differences in fuel subsidies
2/12/2014 0:00
BAGHDAD - Hussein al-Tamimi Tgb
Chairman of the Investment Commission of Babylon on behalf of al-Janabi stressed the keenness of the Authority to give investors the full facilities that achieve a favorable environment for the implementation of projects within the allocated period of assignment, while the announced availability of a number of investment opportunities in many sectors of the economy that proposed by the Commission in coordination with the local government and government departments.
He said al-Janabi "morning" that the most important elements to attract investors to the province is linked to the extent of cooperation shown by the authorities concerned with the investor who comes with money and advanced technology, pointing to the availability of large investment opportunities in industry, agriculture and tourism sectors in most of the bronchi province.
He pointed to the importance of overcoming the obstacles that stand in the way of enterprise development, especially the industrial ones, which entered the production stage and facing difficulties in obtaining fuel at subsidized prices to be able to compete with imported, stressing the need to overcome the difficulties faced by investment projects.
Janabi, the importance of supporting investment projects, which aims to achieve economic development, revealing a close encounter collections with the oil minister to discuss several issues, the most important provision of fuel at subsidized prices to the owners of industries that require it, especially as the oil minister of the supporters of the investment (to him).
He noted that the laboratory which was granted a vacation within the industrial development must be the cost of fuel on encouraging competition by reducing the cost differential output.
For his part, one of the investors said that the difference in the expensive fuel, where the cost of fuel from black oil 150 dinars per liter within the investment license while costs are on vacation 100 dinars, industrial development and the cost of fuel from kerosene of 600 dinars within the investment license while the cost within the vacation cost Industrial Development 400 dinars and that this to Aichdja on investment.
To the al-Janabi revealed the availability of a number of investment opportunities in many sectors of the economy, which the Commission proposed in coordination with the local government and government departments that fall within several economic sectors The projects, a shopping mall and a market, hotel and nursery modern ovens, indicating that the ownership of the land those opportunities to the Ministry of Commerce and the Municipality of Hilla and Real Estate Ath.oadav that the body is seriously seeking to develop the province through the creation of an important investment opportunities that provide service to the citizens and provide job opportunities and eliminate unemployment, pointing out that there are many investment projects currently operating in the province of Babylon, including three cities Games and residential complex comprising 1058 housing units and hospital Specialist with a capacity of 100 beds and a laboratory for the production of Coca-Cola soft drink, which is one of the sophisticated lines in Iraq.
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2/12/2014 0:00
BAGHDAD - Hussein al-Tamimi Tgb
Chairman of the Investment Commission of Babylon on behalf of al-Janabi stressed the keenness of the Authority to give investors the full facilities that achieve a favorable environment for the implementation of projects within the allocated period of assignment, while the announced availability of a number of investment opportunities in many sectors of the economy that proposed by the Commission in coordination with the local government and government departments.
He said al-Janabi "morning" that the most important elements to attract investors to the province is linked to the extent of cooperation shown by the authorities concerned with the investor who comes with money and advanced technology, pointing to the availability of large investment opportunities in industry, agriculture and tourism sectors in most of the bronchi province.
He pointed to the importance of overcoming the obstacles that stand in the way of enterprise development, especially the industrial ones, which entered the production stage and facing difficulties in obtaining fuel at subsidized prices to be able to compete with imported, stressing the need to overcome the difficulties faced by investment projects.
Janabi, the importance of supporting investment projects, which aims to achieve economic development, revealing a close encounter collections with the oil minister to discuss several issues, the most important provision of fuel at subsidized prices to the owners of industries that require it, especially as the oil minister of the supporters of the investment (to him).
He noted that the laboratory which was granted a vacation within the industrial development must be the cost of fuel on encouraging competition by reducing the cost differential output.
For his part, one of the investors said that the difference in the expensive fuel, where the cost of fuel from black oil 150 dinars per liter within the investment license while costs are on vacation 100 dinars, industrial development and the cost of fuel from kerosene of 600 dinars within the investment license while the cost within the vacation cost Industrial Development 400 dinars and that this to Aichdja on investment.
To the al-Janabi revealed the availability of a number of investment opportunities in many sectors of the economy, which the Commission proposed in coordination with the local government and government departments that fall within several economic sectors The projects, a shopping mall and a market, hotel and nursery modern ovens, indicating that the ownership of the land those opportunities to the Ministry of Commerce and the Municipality of Hilla and Real Estate Ath.oadav that the body is seriously seeking to develop the province through the creation of an important investment opportunities that provide service to the citizens and provide job opportunities and eliminate unemployment, pointing out that there are many investment projects currently operating in the province of Babylon, including three cities Games and residential complex comprising 1058 housing units and hospital Specialist with a capacity of 100 beds and a laboratory for the production of Coca-Cola soft drink, which is one of the sophisticated lines in Iraq.
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